Inside Selfridges’ Big Bet on Physical Retail

The Battle for China's $100 Billion Jewellery Market

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, JUNE 30, 2021 BoF's latest Case Study breaks down Selfridges' big bet on physical retail following a bid from a mystery buyer to buy the department store chain at a $5.7 billion valuation. Join Selfridges managing director Andrew Keith and others at the BoF Professional Summit on the future of stores today starting at 9am New York, 2pm London, 9pm Shanghai. Recent changes to US law will allow fashion brands to work directly with college athletes for the first time, starting July 1. Some investors are departing from the growth-at-all-costs model when working with fashion start-ups, emphasising profitability instead. Competition is heating up in China's $100 billion jewellery market but Western brands are not necessarily in pole position. Hodinkee's CEO believes that the growth of community-based retail is primed to shift the business of watches. Download BoF and McKinsey's new State of Fashion Watches & Jewellery report to learn more.

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LUXURY Can Selfridges Future-Proof the Department Store? Download the Case Study By Robert Williams Selfridges has attracted a bid from a potential buyer at a $5.7 billion valuation, the latest indication that the department store's big bet on physical retail is paying off. But after a bruising pandemic year, the British chain could struggle to rebound amid a continued collapse in international tourism and a shift to online sales. READ MORE

CHINA The Battle for China's $100 Billion Jewellery Market By Casey Hall

International brands, domestic giants and unbranded jewellers are vying for a slice of China's jewellery market, which is poised for double-digit growth. READ MORE

ENTREPRENEURSHIP How One Fund Wants to Rethink Venture Capital's Relationship with Brands By Chantal Fernandez

Former Nasty Gal executive and angel investor Deborah Benton has launched a new fund with investor Amanda Schutzbank, aimed to set founders up for long-term success in a competitive digital landscape. READ MORE

MARKETING & PR Brands Can Now Work With College Athletes. What Are the Rules? By Alexandra Mondalek

Beginning July 1, thousands of American college athletes will be able to cash in on their name and image for the first time. Fashion labels are already lining up to tap star players for branded content, endorsements and product deals. READ MORE

LUXURY Hodinkee: Cultivating the Next Generation of Watch Fans By Chantal Fernandez Toby Bateman, CEO of the content-and-commerce watch universe Hodinkee, explains how the growth of e-commerce and community-based retail is primed to shift the business of watches in the years to come. READ MORE

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SPONSORED FEATURE

BoF and Shopify Launch a Series of Executive Retail Forums Throughout 2021, BoF and Shopify are creating opportunities for retail leaders to discuss their experiences in tackling the most pressing issues facing the industry, sharing key insights to assist businesses in navigating extended disruption. Last week, executives discussed how to optimise retail networks in the first forum of the series. READ MORE

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